Liaoning Xinde New Material Technology Balance Sheet Health
Financial Health criteria checks 3/6
Liaoning Xinde New Material Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥322.6M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are CN¥3.2B and CN¥461.2M respectively.
Key information
11.9%
Debt to equity ratio
CN¥322.60m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.69b |
| Equity | CN¥2.71b |
| Total liabilities | CN¥461.25m |
| Total assets | CN¥3.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301349's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥287.5M).
Long Term Liabilities: 301349's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥173.7M).
Debt to Equity History and Analysis
Debt Level: 301349 has more cash than its total debt.
Reducing Debt: 301349's debt to equity ratio has increased from 0% to 11.9% over the past 5 years.
Debt Coverage: 301349's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: Insufficient data to determine if 301349's interest payments on its debt are well covered by EBIT.